Property profile

28 Ar-109 Magazine, AR 72943

OFF-MARKET
Land
0.16 ac lot
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Property summary

AI-generated overview

This exceptional 0.16-acre commercial land parcel, located in the heart of historic downtown Magazine, Arkansas, presents a unique investment opportunity. The property, identified by APN 120-00271-000, is zoned C-1, offering a range of potential commercial uses. The sale includes a small, adjacent vacant lot, adding to the overall acreage and development possibilities. The property is being sold "as is, where is," reflecting its historical character and potential for renovation. Situated at 28 AR-109, Magazine, AR 72943 (latitude 35.1502716, longitude -93.8070565), this location offers high visibility and accessibility within the town's central business district. The asking price for this prime piece of Arkansas history is $25,000. This represents a chance to acquire a significant piece of Magazine's heritage and contribute to its ongoing revitalization. The property's potential is vast, allowing for creative redevelopment and the preservation of a significant piece of the town's past. Serious inquiries are encouraged to explore the possibilities this unique property offers. Logan County records confirm the property details.

Property profile

Verified
Property type Land
Lot 0.16 ac (6,970 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28 Ar-109 Magazine, AR 72943
Magazine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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